October 19th, 2015
Source: Il Sole 24ORE
Some new, interesting business opportunities are being offered to two Italian companies in Myanmar. By the end of this month, Itp Benelli (a business employing over 80 people specializing in manufacturing equipment and components for the oil &gas industry, with a turnover of about 40 million Euros) and Meta Carpenteria Group srl (a company located in the district of Bergamo, operating in the metal-mechanical industry, with a turnover of 1,5 million Euros and a staff of about 30 people) shall give life to a new joint venture with Silver Wave Energy Ltd, a multinational oil company headquartered in Myanmar, boasting a turnover of 250 million dollars. The purpose of the agreement is the creation, delivery and installation of two modular refineries, each of them covering an area of over three hectares in the South-East of Asia.